Turkish rebar bookings in Europe

SteelOrbis is informed that the Turkish mills' latest rebar booking levels for export to Europe are at $575-580/mt FOB on actual weight basis for late April / May shipments. Turkish producers have started to conclude sales at $575-580/mt FOB with the revival in the European domestic market and the increase in the Euro / US Dollar exchange rate. Producers are getting positive returns from southern Europe as well as Eastern Europe. It is even reported that the Baltic region and Russia have made demands for Turkish rebars.